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Re:Yellen says government will help SVB depositors but rules... by ohgodplsno on Sunday March 12, 2023 @11:42AM (#35121408)
Because by god it's fucking funny for literally anyone that isn't a US tech bro. We've all watched a massive bubble form, with shitty-ass Bluetooth connected dog feeders that are meant to change the world get 150 millions in series A, watch as tech bros whose only qualifications are being born in the right place and an online class on React make half a million a year and gloat about how easy it is to make money in tech, trying to teach lessons to the entire world about running their 50 queries/sec on a K8S cluster on AWS and overall, very much enjoying the financial illiteracy of pretty much their entire sector.

So, yes, it's pretty fucking funny when it blows up in their face. But I'm not too worried about the actually talented people. Sure, they might spend a bit of time in uncertain conditions (actually, no, with those salaries, you're straight up a danger to yourself if you don't already have a multiple year long cushion), but overall, they'll bounce back.

Re:Yellen says government will help SVB depositors but rules... by baq on Sunday March 12, 2023 @12:28PM (#35122131)
No idea why you’re downvoted. Work in tech for 15 years and this is spot on
Re:Yellen says government will help SVB depositors but rules... by tome on Sunday March 12, 2023 @12:10PM (#35121867)
This comment sounds very harsh on first reading but I'm having trouble finding anything actually incorrect about it ... I just pray this doesn't hit the wider economy.
Re:Yellen says government will help SVB depositors but rules... by DonHopkins on Sunday March 12, 2023 @12:33PM (#35122230)
Shitty ass dog feeders are connected with wifi, not bluetooth.
Re:Yellen says government will help SVB depositors but rules... by zdragnar on Sunday March 12, 2023 @12:50PM (#35122510)
It overlooks everyone who is just starting out, everyone employed at these companies that isn't making techbro salary like the receptionists, custodial staff, QA, workers on visas, whatever.

Simple fantasies for simple minds, no different than lazy racism or any other form of bigotry.

Re:Yellen says government will help SVB depositors but rules... by tome on Sunday March 12, 2023 @12:55PM (#35122599)
That's a fair point.
Re:Yellen says government will help SVB depositors but rules... by ohgodplsno on Sunday March 12, 2023 @01:06PM (#35122771)
Indeed, for that extremely minor part of companies that about noone on HN has ever cared about, except when it becomes practical to use them, it's troublesome. But since there still exists hundreds of billions of dollars ready to be wasted on bullshit endeavours,I have no doubt they will all find jobs soon in the next cloud cat feeder startup.

Your mind immediately equating good old schadenfreude with lazy racism is indeed telling, but I'll refrain from saying anything, Americans have never been excellent at either context or nuance.

Re:Yellen says government will help SVB depositors but rules... by zdragnar on Sunday March 12, 2023 @01:32PM (#35123200)
> but I'll refrain from saying anything

Sounds like you did.

In any case, schadenfreude typically falls into one of three categories: justice, rivalry or aggression. The OP sounds like they are experiencing the justice aspect- that these people who contribute so little are now enduring hardship.

The problem is that "these people" is just another lazy stereotype- it is just another form of aggression; equating everyone who is hurt here as "easy jobs that can easily be replaced" is not unlike assuming everyone living in a ghetto neighborhood is a thug.

The effects and scope of harm of the stereotype may be different, but both come from the same mental state of mind- these people are other, they don't live like I think they should, and they get what they deserve, despite the fact that the "they" in the sentiment is not representative of the people harmed by it.

Re:Yellen says government will help SVB depositors but rules... by AnIdiotOnTheNet on Sunday March 12, 2023 @12:15PM (#35121950)
I'm not sure what you're expressing is a very helpful comment, but damned if it isn't a good description of my gut reaction to all this.
Re:Yellen says government will help SVB depositors but rules... by ordinaryradical on Sunday March 12, 2023 @12:54PM (#35122576)
I’m getting paid below market rate, I’m the sole provider, and I have two children in preschool. So while you chortle over “tech bros,” I’m looking at the end of my family’s healthcare and financial stability.

When everyone around you looks like an asshole, you might be the asshole.

Re:Yellen says government will help SVB depositors but rules... by ohgodplsno on Sunday March 12, 2023 @01:08PM (#35122802)
And I wish you absolutely the best in finding a new job. Your salary will be paid even if the company goes bankrupt, and while times will be hard, I have no doubt you will find something.

I am, indeed, an absolute asshole. But then again, my post only said something about finding it funny, not that I'm not an asshole. Nor does it preclude people participating in the clown show from being clowns.

Re:Yellen says government will help SVB depositors but rules... by EFreethought on Sunday March 12, 2023 @02:21PM (#35124028)
Poster did not say everyone around them is the asshole. Just everyone in SV.

And frankly I agree.

You guys kept telling us for years you are smarter than the rest of us and disruption is great. And now you want my money.

So suck it up, leave SV, get a job somewhere else. If you are so damn smart, it should be easy.

Frankly, it's way too late for all you bros to lecture us about nuance. Or anything else.

Re:Yellen says government will help SVB depositors but rules... by pb7 on Sunday March 12, 2023 @08:17PM (#35128710)
Generalizing millions of people makes you an actual asshole.

Kindly leave, this place is not for you.

Re:Yellen says government will help SVB depositors but rules... by EFreethought on Sunday March 12, 2023 @09:10PM (#35129236)
The assholes are people telling the rest of us that up is down, night is day, black is white.
Re:Yellen says government will help SVB depositors but rules... by matheusmoreira on Sunday March 12, 2023 @12:54PM (#35122587)
In other words: consequences are good.

We enjoy watching people face the consequences of their actions. We absolutely hate it when they manage to avoid the consequences.

Re:Yellen says government will help SVB depositors but rules... by hcks on Sunday March 12, 2023 @01:28PM (#35123124)
This is pure loser resentment lol